Believe it or not, some recruiters struggle to understand and clearly track their own revenue levels and what percentages, revenue targets and deals they have made and how close they are to receiving a commission.
While many agencies have effective internal systems in place to track this and give recruiters regular reporting on where they are, some agencies have unclear tracking systems and commission schemes which make it difficult for recruiters to track their revenue and current pipelines.
In addition, for recruiters that are on a draw system or discretionary bonus system, it gets even more complicated. So this calculator was created to help those recruiters understand and track (in real-time) those scenarios and get a better sense of what kind of pipelines and revenues they are working towards.
Hope this helps and if you have any questions or comments related to this calculator or recruiting issues in general, please reach out to us.
PLACEMENTS vs
REVENUE TARGET
This calculator will help you see how many placements at different amounts and % rates affect the revenue and compare it against your specific revenue target.
DRAW vs NO DRAW
This calculator will help compare your total (money-in-pocket) commissions from a draw vs. no draw system at different commission % rates.
PLACEMENTS vs REVENUE TARGET
Enter the amounts in the fields below to calculate revenue targets versus current/future placements in your pipeline.
Type in your revenue target:
Placement 1 (Billable salary)
X
Commission
=
Revenue
Revenue total
Enter your revenue target
DRAW vs NO DRAW
Enter the amounts in the fields below to compare a draw vs. a no-draw system and calculate your revenue totals.
Type in your revenue target:
Type in your quarterly draw:
Placement 1 (Billable salary)
X
Commission
=
Revenue
Revenue total
Enter your revenue target